Charter School Funding Reform Needed for School Districts and Taxpayers
As charter school tuition is one of the largest areas of mandated cost growth for school districts, PASBO urges the General Assembly to include meaningful charter school funding reform in any future modifications to the charter school law.During the 2017-18 school year, school districts paid charter schools $1.8 billion—representing nearly 7% of total school district expenditures. This $1.8 billion grew by 10%—or $170 million—from the prior year, and since charter schools are entirely locally funded by school districts, this growth meant that $0.37 of every new dollar raised in property taxes in 2017-18 went directly to charter schools.
Click here to read PASBO's press release on the need for charter school funding reform.
Click here to read supplemental information about the charter school tuition calculation and options for reform.